Boeing: What next after the 737 Max disasters?

Image copyright Getty Images Two fatal accidents involving Boeing 737 Max jets have left the plane maker rushing to restore confidence in the safety of its fastest-selling fleet. As investigators work to determine the cause of the tragedies, the US regulator said the aircraft would be grounded until at least May. Boeing has halted 737 […]

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Patisserie Valerie black hole grows to £94m

Image copyright PA The accounting black hole at Patisserie Valerie has swelled to £94m, more than double a previous estimate, according to a new report by its administrators. After it fell into administration in January, the cafe chain was found to have overstated its cash position by £30m and failed to disclose overdrafts of nearly […]

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Interserve: UK contractor completes fast-track sale

Image copyright Creative CommonsImage caption Interserve has a cleaning contract for Network Rail stations Control of one of Britain’s biggest government contractors, Interserve, has moved to a new company after administrators were appointed. It comes after shareholders rejected a rescue deal for the company, which has 45,000 UK staff, and 68,000 globally. Under a pre-arranged […]

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Contactless card use surges as doubts ease

Image copyright Getty Images Two in five card payments are made using contactless technology as consumers appear to have cast aside any doubts of paying without a Pin. The number of transactions using contactless rose 31% in 2018 compared with the previous year, banking trade body UK Finance data shows. Adoption of this technology on […]

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Volkswagen boss apologises for Nazi gaffe

Image copyright Getty ImagesImage caption Herbert Diess was put in charge of VW last year The chief executive of Volkswagen has apologised for evoking a Nazi slogan to describe the importance of boosting the group’s profits. Herbert Diess used the line “Ebit macht frei” at a company event on Tuesday. The phrase echoes the maxim […]

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